The cosmetics giant has announced the launch of a new corporate venture capital fund dubbed ‘BOLD Business Opportunities for L'Oréal Development,' which will focus on taking minority stakes in innovative startups.
Designers Remix said on Wednesday that Charlotte and Niels Eskildsen have bought back IC Group’s 51% stake in the company and ended their co-ownership deal after 17 years. They plan a deeper focus on sustainability.
As ‘hug-gate’ continues to wreak havoc with Ted Baker’s share price, the company has issued a trading update containing good news and bad: revenue has dipped but e-tail soared and sales have recovered in recent weeks.
Marc Jacobs has announced it will launch a new affordably priced line entitled "The Marc Jacobs," according to local reports. The line is set to debut with the fashion house's pre-fall 2019 collection.
The B2B wholesale e-commerce platform announced on Wednesday that it has received $15 million in Series C financing, funds that the company said it will put toward accelerating product innovation and growing its team.
New Yorkers by a wide margin approve of plans for Amazon to build a massive new campus in the city, although they are divided over terms of a multibillion-dollar incentive package used to lure the online retailer.